Alibaba has dominated the IPO headlines, but LendingClub's plans to raise $500 million in an offering likely has greater relevance to Americans.» Read More
NEW YORK, Aug 29- Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business.
NEW DELHI, Aug 29- The after-glow of Narendra Modi's election victory nearly four months ago is expected to have helped India's lumbering economy register its fastest growth in more than two years for the quarter ending in June.
Bank of America Corp. fell$. 19 or 1.2 percent, to $16.01. Citigroup Inc. fell$. 47 or. 9 percent, to $51.39. Wells Fargo fell$. 19 or. 4 percent, to $51.15.
Bank of America Corp. fell$. 14 or. 9 percent, to $16.06. Citigroup Inc. fell$. 35 or. 7 percent, to $51.51. Goldman Sachs fell$. 65 or. 4 percent, to $177.16.
Bank of America Corp. fell$. 14 or. 9 percent, to $16.06. Citigroup Inc. fell$. 37 or. 7 percent, to $51.49. Goldman Sachs fell $1.05 or. 6 percent, to $176.76.
*H1 revenue falls to $82.3 billion. LONDON, Aug 28- Revenue at the world's 10 largest investment banks fell 5 percent in the first half of the year, as continued weakness in fixed income trading departments outweighed a strong rebound in advisory services on deals, new data showed on Thursday.
NEW YORK— A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. American Realty Investors Inc.: Approximately 200 shares changed hands, a 92.3 decrease from its 65- day average volume. The shares rose$. 09 or 1.6 percent to $5.85.
Bank of America Corp. fell$. 13 or. 8 percent, to $16.20. Citigroup Inc. fell$. 27 or. 5 percent, to $51.86. Morgan Stanley fell$. 27 or. 8 percent, to $34.13.
Aug 27- LendingClub Corp, the world's largest online marketplace connecting borrowers and investors directly, filed with U.S. regulators for an initial public offering of common stock. LendingClub's investors include Norwest Venture Partners, Foundation Capital LP, Morgenthaler Venture Partners and Canaan LP.
Paramount has over 16.5 million square feet of prime office space and several buildings in major cities, including San Francisco's landmark One Market Plaza building, Washington DC's Liberty Place and Paramount Plaza on Broadway.
Aug 27- LendingClub Corp, the world's largest online marketplace connecting borrowers and investors, filed with U.S. regulators for an initial public offering of common stock.
The company listed BofA Merrill Lynch, Morgan Stanley and Wells Fargo Securities as underwriters.
NEW YORK, Aug 27- Dow Chemical Co has kicked off processes to sell two of its specialty chemicals subsidiaries that could fetch close to $2 billion combined, according to people familiar with the matter, part of its effort to divest several billion dollars worth of non-core assets by 2015..
-Charles Schwab Corp. has lost a $15 million arbitration case against Morgan Stanley, which it accused of improperly recruiting brokers from a Schwab San Francisco branch who left with confidential information. Schwab accused Morgan Stanley of maliciously organizing an "actionable raid" of the branch.
Bank of America Corp. rose$. 04 or. 2 percent, to $16.33. Citigroup Inc. rose$. 50 or 1.0 percent, to $52.13. Goldman Sachs rose$. 03 or percent, to $177.90.
Bank of America Corp. rose$. 07 or. 4 percent, to $16.36. Citigroup Inc. rose$. 55 or 1.1 percent, to $52.18. Wells Fargo rose$. 07 or. 1 percent, to $51.52.
Bank of America Corp. rose$. 13 or. 8 percent, to $16.42. Citigroup Inc. rose$. 33 or. 6 percent, to $51.96. Goldman Sachs rose$. 47 or. 3 percent, to $178.34.
WASHINGTON— U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. "Enthusiastic households are more likely to open their wallets in the coming months and support solid output growth in the second half of the year," said Gregory Daco, an economist at Oxford Economics.
Bank of America Corp. rose$. 16 or 1.0 percent, to $16.29. Citigroup Inc. rose$. 70 or 1.4 percent, to $51.63. Goldman Sachs rose $2.40 or 1.4 percent, to $177.87.
The company counts funds affiliated with Sequoia Capital, Charles River Ventures and General Catalyst Partners among its stockholders. Marketing software company Yodle Inc, backed by investors such as Draper Fisher Jurvetson, Bessemer Venture Partners and Jafco Technology Partners, also filed for an IPO in July.